Jan 9, 2013 9:00am EST
, by the way, i think they've done a good job. it's run by dennis hersh, who i know, they're advised by very good people, they're finding out ways to get sprint to pay more -- >> did the special committee -- >> he's been head of the special committee. >> did they bring charlie in? >> no, the special committee here is going to work, as it must, to try to see if there's some sort of workable deal whether they with either get sprint to pay more money, to get this done with, because timing is important, or come up with some sort of workable plan so ergen can play $3.30 a share. >> where was these guys when the stock was in a pocket? >> what i want to make sure people understand is this is not a typical overbid from some company where you've got one bid at $2.97 and a clear pathway to $3.30. not at all the case. and the other question is, what ergen is really after. where is he really going, is he going to try to work a back door deal with sprint, because don't forget, dish has bought an enormous amount of spectrum of its own. it got approval from the fcc in december to use that spectrum.
Jan 10, 2013 9:00am EST
another insider, dennis mcdonough, who is now the deputy national security adviser. >> first things first on that story. the top republican on the senate banking committee has come out opposing lew's nomination saying that he must never be secretary of treasury. on the cnbc newsline this morning, senator jeff sessions. good morning. >> good. budget committee, not banking. >> never is a long time, senator. it certainly sounds like a threat to filibuster. how serious are you? >> i feel very strongly about this. in 2011 when he was the omb director, we hoped that there would be an historic bipartisan agreement about our debt course. he came before the american people, announced the budget that he had crafted and said, quote, our budget will get us over the next several years to the point where we can look the american people in the eye and say we're not adding to the debt anymore, we're spending money that we have each your, then we can work to bring down our national debt. that was utterly and totally false. his own numbers showed that the lowest single deficit we'd have in ten years
Jan 14, 2013 9:00am EST
decline in the shares. we'll see where he stands now. the technical take on apple. and dennis gartman says now is the time to buy stocks. see what he's buying. >> see you tonight. simon see you in 30. let's get to the third hour of "squawk on the street." it starts right now. >> and we are live at post nine at the new york stock exchange. quick check on the markets, awfully close to the flat line. the dow with a gain of about one point. 1.25. s&p is down a little more than that, off three and change. nasdaq is off about 12. the president's going to give a news conference at the white house in little less than half an hour, urging congress to raise the debt ceiling. we'll take that live, of course. ubs downgrading the stock to neutral from buy. jpmorgan taking it to neutral from overweight. jpmorgan citing slowing revenue. keep an eye on rig. transocean spiking after news carl icahn is taking a 1.5 stake in the company, may increase the stake above 5%. so he hopes. apple hovering near the $500 mark following reports the company's cutting orders on iphone components because of weak dema